Research into Firm Entry, Growth, and Exit in the PIE and Non-PIE Audit Markets
Awarded 09 Aug 2022
About
The Financial Reporting Council Limited awarded a contract to Touchstone Renard Ltd and Frontier Economic Ltd for research into firm entry, growth, and exit in the Public Interest Entity (PIE) and non-PIE audit markets.
The research aims to enhance understanding of the PIE and non-PIE audit markets, generate insights to inform the FRC's future work and regulatory approaches, and support the FRC's objective to create a more resilient audit market through greater competition and choice.
The project comprises two parts: Part A focuses on the PIE audit market, including understanding the appetite of audit and non-audit firms to enter or expand their presence, and identifying barriers they face.
The contract value is AUD 133,000.
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